iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Strong Trading Volume – Here’s Why

Shares of iShares International Treasury Bond ETF (NASDAQ:IGOV) saw an uptick in trading volume on Wednesday . 750,724 shares were traded during trading, an increase of 84% from the previous session’s volume of 407,589 shares.The stock last traded at $42.20 and had previously closed at $41.78.

iShares International Treasury Bond ETF Stock Up 1.0%

The company has a fifty day simple moving average of $41.63 and a two-hundred day simple moving average of $41.96.

Institutional Investors Weigh In On iShares International Treasury Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of IGOV. Raymond James Financial Inc. bought a new position in iShares International Treasury Bond ETF in the 2nd quarter valued at about $12,763,000. Bank of America Corp DE boosted its position in shares of iShares International Treasury Bond ETF by 431.0% during the 2nd quarter. Bank of America Corp DE now owns 273,417 shares of the company’s stock worth $11,784,000 after acquiring an additional 221,929 shares in the last quarter. North Ridge Wealth Advisors Inc. increased its stake in iShares International Treasury Bond ETF by 4.8% in the second quarter. North Ridge Wealth Advisors Inc. now owns 162,275 shares of the company’s stock valued at $6,994,000 after acquiring an additional 7,503 shares during the last quarter. Evergreen Capital Management LLC bought a new position in iShares International Treasury Bond ETF in the second quarter valued at approximately $381,000. Finally, Advisory Services Network LLC acquired a new position in iShares International Treasury Bond ETF during the second quarter valued at approximately $690,000.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.